In the last years of World War II, Friedrich Hayek wrote 'The Road to Serfdom'. He warned the Allies that policy proposals which were being canvassed for the post-war world ran the risk of destroying the very freedom for which they were fighting. On the basis of 'as in war, so in peace',...

Malaria kills millions of people each year and hundreds of millions more suffer chronic illness. Economic development is inhibited and poverty is perpetuated. Tren and Bate argue that action against malaria is over-centralised and narrowly focused, ignoring local conditions and concerns. Health...

Should economists remain as detached scholars, pursuing their research to the satisfaction of themselves and fellow academics? Or should they try to educate their fellow men and women in economic ideas, hoping to have an impact on economic policy? In this paper, Professor Daniel B. Klein...

In quot;The Road to Serfdom,quot; F. A. Hayek set out the danger posed to freedom by attempts to apply the principles of wartime economic and social planning to the problems of peacetime. Hayek argued that the rise of Nazism was not due to any character failure on the part of the German people,...

In Europe After the NO Votes, Professor Patrick Messerlin of the Institut d'Etudes Politiques de Paris, argues that the NO votes in the French and Dutch referenda on the proposed EU constitution highlight the need to design an economic agenda for the future of the EU congruent with its...

In 'Black Wednesday', Alan Budd discusses the contribution of ERM membership to Britain's recent economic performance. Budd suggests that Britain joined the ERM 'in despair' after trying various methods of controlling monetary growth without the success that had been anticipated. Whilst...

From the mid 1950s to the late 1980s, Ralph Harris and Arthur Seldon, as general director and editorial director respectively of the IEA, battled against a conventional wisdom which was hostile to markets. Eventually, by force of argument, they overcame much of the resistance to market ideas,...

This volume, the IEA reprints revised versions of twelve lectures in three areas where Dr. Stelzer is acknowledged as an expert - competition policy, regulation, and energy and environmental policy. He discusses the role of competition policy and the form it should take; the proper place of...

HIV and AIDS teaching is compulsory in British Schools but the content is not prescribed. Should teaching in such a difficult field, where there are disputes among experts, be left to secondary school teachers with no specialist knowledge? And is it right that the subject should be compulsory?...

Frederic Bastiat, who was born two hundred years ago, was a leader of the French laissez-faire tradition in the first half of the nineteenth century. He was influenced by Cobden's Anti-Corn Law League and became a convinced free trader. Joseph Schumpeter described Bastiat as 'the most brilliant...